Econet has launched a ground-breaking, rural electrification
programme worth millions of dollars under the name Ugesi Energy, that is set to
help transform rural enterprises and create employment.
Ugesi is the second Econet energy business following the
successful launch two years ago of Distributed Power Africa (DPA), the group’s
commercial solar business with a focus on building large solar energy systems
for commercial and industrial clients.Speaking at a launch event in the country’s second city of Bulawayo today (Wednesday, February 13),
Econet Energy Chief Executive Officer Mr Norman Moyo said Ugesi Energy plans to
build ‘solar mini grids’ at one hundred (100) sites across rural Zimbabwe.
“Each grid will provide power for businesses and homes in
the communal areas,” Mr Moyo said, adding that in the initial phase, small
grids would provide electricity to support businesses, local administration
facilities at growth points, schools and clinics.The Ugesi Energy initiative is
part of what Econet founder Strive Masiyiwa calls Re-Imagine Rural, a concept
in which entrepreneurs are challenged to start businesses in rural areas. It
also follows the unveiling by Mr Masiyiwa and his wife Tsitsi of a $100 million
facility last week, for entrepreneurs to start and scale their rural
enterprises.
Mr Moyo confirmed that the rural electrification programme
was part of Mr Masiyiwa’s broader vision to economically transform rural
communities.
“This is very much part of that vision,” Mr Moyo said. “The
entrepreneurs need reliable power if they are to build modern businesses. Ugesi
is our answer to those in need of power for start-ups such as dairies, poultry
incubators, water pumps for horticulture and even small-scale manufacturing and
assembly businesses,” he said.
Steward Bank CEO Dr Lance Mambondiani, whose bank manages
the administration of the $100 million facility on behalf of the Masiyiwa
family Foundation, echoed Mr Moyo’s sentiments and pledged to support the Ugesi
initiative.
“We will provide project financing priority to those who are
setting up in the communal areas where Ugesi will be supplying energy,” Dr
Mambondiani said.
Mr Moyo said the Ugesi mini grids will typically provide
power to an area within a radius of 5 kilometers to the solar system and will
be supported by individual prepaid meters. He said the mini grids would
generate enough power to support all electrical appliances.The Econet Energy
executive said Matabeleland provinces would be the first to benefit from the
rural solar energy programme in Zimbabwe.
“Our plan is to roll out at least 10 systems in Matabeleland
North and South first, in line with the guidelines we have received from our
founder (Mr Masiyiwa),” Mr Moyo said, adding that they had already identified
some sites to build the first mini grids and we would be starting construction
in the coming month.
Ugesi Energy, he said, would be based in Bulawayo from where
it will run the company’s projects nationwide.
He said the choice of Bulawayo was easy because “as Econet we
feel we are too concentrated in Harare. We want to stimulate the economic
revitalization of other parts of the country too”.
The senior Econet executive announced that the ‘City of
Kings’ (Bulawayo) would be the company’s base for renewable energy, adding that
the Econet group had a long term interest in the region.
